Loral Langemeier

Loral Langemeier, the founder and CEO of Live Out Loud, has written "The Millionaire Maker" and "Guerilla Wealth" as well as creating many different educational programs. In addition to the various seminars and workshops, there are also free teleseminars available on Loral's website.

While Loral Langemeier seems to have a decent following and respect among her peers, some people are of the opinion that the information provided by Loral in her books is simplistic, contains too much jargon and copyrighted words for different processes and the tips given are just not realistic and could even cause potential financial harm as well as just being the same things provided in every other motivational book on how to achieve.

There are both positive and negative aspects to Loral Langemeier's products and seminars. On the one hand she's been criticized for providing too general of information that lacks the true step-by-step guidance people crave.

For example she adamantly supports starting your own business, but the information on how to do so is absent in her books.

Some of Loral Langemeier's advice is oversimplified and at times misleading. She touts starting your own corporation or LLC as a great way to take advantage of tax deductions.

This will not work since these deductions must be verifiable business expenses.

Loral Langemeier's team building advice is also skewed and very unrealistic. She proposes that every one should have a support team of Lawyers, CPAs, Brokers, and Investors.

Unless you have a family full of professionals what she recommends is unrealistic. These people charge a lot of money for their services and the chances of them spending their time mentoring strangers is slim and none.

The redeemable qualities of Loral Langemeier's work can be found in its motivational capabilities. If her books or seminars can get you to actually pursue a business opportunity or research an investment vehicle then they can be called a success.

Overall, her materials can put you in the right mindset and introduce you to investment topics but ultimately they won't show you exactly how to accomplish your financial goals.

Some people think that this type of information is worth the price, but others don't.

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